The Companies Amendment Act 16 of 2024, through Sections 30A...

The proposed Fair Pay Bill seeks to amend the Employment Equity Act (1998) to strengthen pay transparency, fairness, and equal opportunity in South African workplaces. Its main goal is to remove salary history discrimination and promote open, equitable remuneration practices.

Khokhela’s Actual and Predicted Increase Survey for 2025 shows that the average increase in salaries in 2025 was 5.2% compared to 5.7% in 2024. This increase is higher than the year-to-date average inflation rate from January – September 2025 of 3.1% which is lower than the same period last year which was 4.94%. The average inflation rate for Q3 was 3.4% which is also lower than the same period last year which was 4.3%.

Khokhela’s 2025 Directors’ Remuneration Report provides an in-depth view of how executive and board pay has evolved across JSE-listed companies over the past six years. Based on data from more than 170 companies across multiple industries, the report identifies key trends shaping remuneration practices and governance in South Africa. The following newsletter provides a brief look at major trends that illustrate how pay practices are evolving.